Wednesday, March 25, 2009

4:16 what to do what to do!


Not much really this strength continues to not make a whole lot of sense so we just recognize 
the ranges and trade-We don't take it personally we don't even care which way it goes as long as it is our way.  Here we are short again 52.90 you are up a hundred buck at 52.80 you can move you stop down a hair to 53 and ride this for a mini-shot. I trade for halves and like clockwork i usually will take the $500 if it sees 52.40 Sometimes when I get ahead i will drop the stop like i told you to protect profits  but not cover if it goes to 52.45 i will move my stop to 52.50 thereby  putting guarantee on at least $400 clams without cashing i the whole seafood dinner
we are no longer in open outcry mode so the spreads get wider and in the absence of news oil 
tends to spill or drift up or down with the futures with speculation etc etcetera. So ride this last play with last nights over night you should have made a pretty penny.


For all my readers and newly joined members I  feel a sense of commitment to keep you in touch and give the best advice and even let you in as I trade so you can just follow me if you wish. The idea is for us all to make money and I can't think of a better way than trading!  
Still some memberships left but down to 80 and when they go we will go to delayed publishing which will be much less help. It is only a dollar a day in the last three days and I have guided you guys to  what would equate to a reasonably nice used car in that same span.  $90 is well worth the three month investment as I will do all your homework and lead you to the green.